Mike Gordon Highest-Paid Musician in the World

Mike Gordon
Mike Gordon led People With Money’s annual list of the “100 highest paid musicians” released on Thursday.

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It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 55-year-old Mike Gordon has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2020 with an estimated $75 million in combined earnings.

UPDATE 18/09/2020 : This story seems to be false. (read more)

Mike Gordon tops annual list of highest-paid musicians

In 2018 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (September 17) that Gordon is the highest-paid musician in the world, pulling in an astonishing $75 million between August 2019 and August 2020, a nearly $40 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The American musician has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Gordon Burger” chain) in Washington, a Football Team (the “Sudbury Angels”), has launched his own brand of Vodka (Pure Wondergordon - US), and is tackling the juniors market with a top-selling perfume (With Love from Mike) and a fashion line called “Mike Gordon Seduction”.

The ranking is significant for many Mike fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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